Family Owned Business: opportunities & challenges
The 12th Brazilian Institute of Corporate Governance (IBGC) Annual Conference 2011
Storified by Corporate Governance · Thu, Oct 27 2011 02:37:24
Introduction
The IBGC is the #corpgov leader institution in Brazil. Each year the IBGC organizes their Annual Conference where the most interesting topics in #corpgov are discussed and practices are shared. Corporate Governance practices in family-held companies will be in the spotlight during this new edition of IBGC's International Conference on Corporate Governance. Conference attendees will have a chance to see how companies that symbolize the development of local economies and have in some cases global reach, deal with important governance issues.
The main characteristics of listed and closed family businesses will be discussed, as well as their main concerns and opportunities. Financing alternatives, such as IPOs, the allocation of funds by institutional investors, and mergers and acquisitions will be discussed with their resulting benefits, disadvantages and questions about the intangibles involved in each type of transaction.
Corporate Governance structures applied to family companies will also be brought up. How do their boards of directors and other agents of governance work? What kind of path did the first non-family CEO follow? What were the challenges he or she had to face in an organization of this type?
Asset and succession planning, testimonials, and the main trends in traditional family businesses in different countries will also be discussed during the 12th International Conference on Corporate Governance.
@IBGC_Brasil's Gilberto #Mifano thanks @GlobalCGForum for its support at opening speech- #cigc11 http://t.co/GCFebBwnCorpGovLeaders
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RT @CorpGovLeaders: Now at #cigc11 @IBGC_Brasil presents their #Board #Director certification program: 654 people certified in Brazil since 2009. #corpgovGlobalCGForum
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Session on FOB in the world: Mr. Paolo M. Martelli's presentation.
Paolo Martelli from @IFC_org / @GlobalCGForum talking at @IBGC_Brasil #cigc11 about Family Owned Biz http://t.co/XlkZyUzuCorpGovLeaders
RT @IBGC_Brasil: A Sessão tem início com Mauro Cunha convidando Paolo Martelli a comentar sobre a visão do IFC sobre as empresas familiares #cigc11governancabrja
Translation: "The session starts with Mauro Cunha inviting Paolo Martelli to comment the IFC vision about Family Owned Companies."
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#cigc11 is @IBGC_Brasil Annual Conference & this year focuses on Family Owned Companies: pic of #FOB in the world panel http://t.co/MzqZTPw3CorpGovLeaders
@IFC_org's Martelli: #corpgov is a journey, not a destination - talking about #FOB at #cigc11 @IBGC_BrasilCorpGovLeaders
Martelli diz que as empresas familiares devem adequar as melhores práticas de governança aos seus casos específicos #cigc11IBGC_Brasil
Translation: "Martelli says that FOB should adequate their best #corpgov practices to their specific cases."
"In #corpgov each company case is difficult 2 understand cause it is unique, what isnt unique: the way 2 find solutions" #Martelli @ #cigc11CorpGovLeaders
#corpgov in #FOB should not be understood as a cost but as #investment for growth, #innovation and #sustainability says Martelli at #cigc11CorpGovLeaders
MT @CorpGovLeaders: "@IFC_org sees #corpgov as a portfolio #risk #management tool" says Paolo #Martelli #cigc11 @IBGC_Brasil FamilyBiz Conf.IFC_org
#corpgov adds value 2 clients & helps avoid reputational #risk says Martelli (talking on Family Biz from #investor point of view) - #cigc11CorpGovLeaders
MT @IBGC_Brasil "#corpgov can align family interests and help the preservation of their wealth" Paolo Martelli from @IFC_org at #cigc11CorpGovLeaders
MT @IBGC_Brasil Martelli: #Brazil's work on #corpgov in the last 15 years is a combination of private and public sector efforts #cigc11 #IFCCorpGovLeaders
RT @CorpGovLeaders: "Family constitution is the most important tool that a #FOB could have 4 good #corpgov implementation" @IFC_org 's Paolo Martelli @ #cigc11equiposyahn
Interesting findings
The Audience...
At #cigc11 55% of participants are #family owned business & 29% #Board #Directors - interesting audience! - #FOB #corpgov at @IBGC_BrasilCorpGovLeaders
The Challenges...
corpgovleaders
Corporate Governance
Corporate Governance Tweet coordinated by Santiago Chaher (@SantiagoChaher) for the CorpGovLeaders Blog.
